Thursday, October 28, 2010

Hot Stocks: BJGP, SIRI, CTIC

BMP Sunstone Corp. (NASDAQ:BJGP) went up 28.07% to $9.81 after it made its new 52-weekj high of $9.87. The company said Thursday that it has agreed to be bought by Sanofi-aventis for US$10 per share, or a total of about US$520.6 million on a fully diluted basis. BMP Sunstone Corporation (BMP Sunstone) is a specialty pharmaceutical company engaged in the development, manufacture, and sales of over-the-counter (OTC), medicinal brands for women and children in China. Sirius XM Radio Inc. (NASDAQ:SIRI) gained 2.79% to $1.44 after it made its fresh 52-week high of $1.47. The stock went up more than 149% year-to-date. So far, the market capitalization of the company stands at $5.60 billion. Sirius XM Radio Inc. has two principal wholly owned subsidiaries, XM Satellite Radio Holdings Inc. and Satellite CD Radio Inc. Cell Therapeutics, Inc. (NASDAQ:CTIC) fell 0.74% to $0.374 on over 2.38 million shares. It reported a third-quarter loss of $15.6 million, or a loss of 2 cents per share, which compares with a loss of $48.8 million, or a loss of 9 cents per share a year earlier. Cell Therapeutics, Inc. develops, acquires and commercializes treatments for cancer. It focuses on building a biopharmaceutical company with a diversified portfolio of oncology drugs. Its research, development, acquisition and in-licensing activities concentrate on identifying and developing less toxic ways to treat cancer. Disclaimer: The assembled information distributed by epicstockpicks.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Epicstockpicks.com does expect that investors will buy and sell securities based on information assembled and presented herein. EpicStockPicks.com will not be responsible in any way for or accept any liability for any losses arising from an investor's reliance on or use of information obtained from our website or emails. PLEASE always do your own due diligence, and consult your financial advisor.
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